Game X Coin Launches First Blockchain Game Platform

Korea-based startup aims to disrupt the video game industry with game cryptocurrency.

SEOUL, South Korea, Aug. 02, 2018 (GLOBE NEWSWIRE) — GXCWorld, a blockchain game platform developer, today announced the launch of its game blockchain technology suite: betanet of its core blockchain “GXC”, cryptocurrency storage service “GXC Wallet”, game cryptocurrency exchange “GXC DEX” and 3 demo games. GXC can process over 5,000 transactions per second making it ready for real world application on games. The demo games show how a game developer can integrate GXC to build a blockchain-enabled games as well as how game players can collect cryptocurrency and how they can trade cryptocurrency with other players.

GXCWorld has created a highly customized version of EOS optimized for gaming. “We have modified EOS to improve blockchain governance, resource distribution and the formation of block producers,” said Jin Yang, the CTO of GXCWorld.

“With GXC, game developers can transform any game title into a cryptocurrency-enabled game,” said Kai Kim, the CEO at GXCWorld. “This beta launching is the beginning of our effort. We are creating a decentralized game platform where game players can enjoy game contents as well as make money. This paradigm shift introduces a new way of enjoying video games.”

Gangseok Kim, the co-founder of Bluehole, a global game developer of PlayerUnknown’s Battlegrounds, recently joined GXCWorld as a strategic advisor.

About GXCWorld
Founded in 2017 and based in Seoul, South Korea, GXCWorld is a technology-driven blockchain developer and game cryptocurrency exchange partnering with game developers including Neowiz and XLGames.